Track Record

Residential Development

Wellington House, Uxbridge UB8

Acquired
DESCRIPTION

Acquired on behalf of a client, this freehold office building in a prominent Uxbridge location, approximately 350 metres from Uxbridge Station (Metropolitan & Piccadilly Lines) and with easy access to the M40/M25, presents a unique development opportunity. The 20,380 sq ft NIA office, alongside a 2,500 sq ft former club building on a 0.54-acre site, benefits from Permitted Development Rights to convert to 43 residential units, with additional planning for a B1 office floor and potential roof/rear extensions increasing the scheme to 58 units. Located outside the town centre Article 4 zone, the site also offers alternative uses including student, hotel or educational schemes, and was last fully vacant in September 2019 with rental income of £241,575 p.a.

Freehold office building with permitted development right for change of use to residential. Acquired on behalf of client
Key features
Existing office building 23,433 sq ft GIA (20,380 sq ft NIA)
350 meters from Uxbridge Station
Freehold
Lapsed planning consent for conversion to 43 flats
25 studios, 18 x 1 beds - proposed NIA of 17,962 sq ft
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